363 Lk Shr W Dr Dunkirk, NY 14048-1474
Property Lookup
Property profile & analytics
363 Lk Shr W Dr Dunkirk, NY 14048-1474
- Motels
- 4,545 SF
- 2.90 lot acres
Property ID
US63-2669895
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Motels
Property Details for 363 Lk Shr W Dr
- Year built
- 1954
- Lot size
- 2.90 lot acres
- Property size
- 4,545 SF
- Zone code
- R1
- Property type
- Motels
- APN
- 060300 78.20-1-24.1
- APU
- 6030078201241
Description
This exceptional investment opportunity presents a partially renovated motel at 363 Lake Shore Drive West in Dunkirk, New York. Boasting 4,618 square feet on a 1.8-acre lot, this property offers significant upside potential. The existing structure has undergone substantial renovations, including a new roof, siding, windows, doors, electrical panel and service, plumbing, and PTAC heating and air conditioning units. Four rooms are fully renovated and ready for immediate rental income generation. The property's layout allows for expansion to a total of sixteen rentable rooms, significantly increasing revenue potential. Its prime location near Point Gratiot Beach, Dunkirk Pier, and SUNY Fredonia ensures high occupancy rates and strong demand. The property is being offered at $399,900. The seller is open to a package deal including the adjacent property at 365 Lake Shore Drive West, presenting an even more compelling investment opportunity for a buyer seeking to acquire a larger portfolio. This is a rare chance to acquire a well-located motel with significant renovation already completed, poised for immediate income generation and future expansion. The property's strong location and potential for growth make it an attractive investment for both seasoned investors and new business owners seeking to enter the hospitality industry. This is a turnkey opportunity to establish a thriving lodging business in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Dunkirk
- County
- Chautauqua
- State
- New York
- Longitude
- -79.3549
- Latitude
- 42.4817
- CBSA code
- 27460
- CBSA name
- JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$0.00
$15,300
$88,200
$103,500
-
$27,818
$160,364
$188,182
